How to Deal with the New Department of Labor (DOL) Overtime Rules for Exempt Employees
The U.S. Department of Labor final overtime rule increased the salary threshold for employees who are exempt—and therefore not eligible for overtime—from $23,660 to $47,476, effective 12/01/2016. Employers can either increase an exempt worker’s salary so the worker remains exempt, or reclassify him or her as nonexempt. Most companies are likely to do the latter. […]
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